Documentary collections

Documentary collections

Trade transactions handled on a draft basis.

Documentary Collections

International transactions in which banks act on behalf of the importer and exporter to collect payment for a good. The exporter presents the appropriate documents to a bank in his/her country, which forwards them to a bank in the importer's country. This bank presents the documents to the importer and accepts payment, which it then forwards back to the first bank. The banks have no responsibility in a documentary collection except to fulfill instructions of the importer and exporter; that is, they make no guarantees of payment. See also: Documents against payment, Documents against acceptance.
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Specific outsourcing services being provided to KeyBank include a Web-based letter of credit information delivery and document management system; a Web-based trade letter of credit portal; and a Web-based system for documentary collections, document review, funds transfer and trade reporting.
Also highly recommended for art documentary collections is Altina ($27.
Examples of trade services which can serve to minimise risk associated are: Documentary Collections - sim-|plifies payments between partners.
The company s patented web-based Global Trade Management platform and outsourced services enable customers to streamline their operations, save money, accelerate payments, and eliminate discrepancies traditionally involved in international letter of credit, documentary collections and open account transactions.
The sixth theme focuses on documents, archives and archaeology through archaeological and architectural evidence of the Omani presence in East Africa, as well as Omani manuscripts and historical documents in various centres in East Africa (and ways to save them) , in addition to the study of the archives and documentary collections related to Omani archive (Zanzibar-US Archive, Britain-archive).
The company's patented web-based Global Trade Management platform and outsourced services enable customers to streamline their operations, save money, accelerate payments, and eliminate discrepancies traditionally involved in international letter of credit, documentary collections and open account transactions.
Letters of Credit, Documentary Collections as well as Bonds and Guarantees to more innovative Open Account services.
Translated marital records are brief, selective and regionally specific, generally appearing in larger documentary collections with a much broader focus than marriage, and without any attempt to place those documents in legal and cultural context.
Among the most common terms of payment are payments in advance, letters of credit, documentary collections (drafts), and open accounts.
In South Africa most established importers use documentary collections varying from 60 to 120 days alter acceptance, but they also use confirmed irrevocable letters of credit.
Trade finance products like letters of credit or documentary collections are equally competitive.
Johnson bases her arguments upon a variety of solid primary-source documentary collections as well as a thoroughly perused secondary literature.